April 23, 2025 @ 8:00 am By Tony Zerucha  |  

MoneyThumb, a provider of automated document evaluation and fraud detection solutions, was recently awarded a U.S. patent for its Thumbprint® product, an AI-driven technology that enables the authentication of third-party PDF documents. Small business loan application fraud is a critical problem that leads to significant… Read More

April 23, 2025 @ 7:15 am By Tony Zerucha  |  

Spacecoin, a decentralized physical infrastructure network (DePIN) powered by blockchain-enabled low Earth orbit (LEO) satellites, today announced the appointment of Jim Cantrell as a strategic advisor. A founding member (former vice president and Elon Musk’s industry mentor as an aerospace consultant) of SpaceX, and currently… Read More

April 23, 2025 @ 5:59 am By Tony Zerucha  |  

From crypto firms seeking bank charters to Circle’s payment network and energy-hungry centralized cloud systems, Web3 figures comment on the news of the week. STABLE Act driving crypto firms to seek bank charters “Reports that Circle, BitGo, and even Coinbase are considering applying for bank… Read More

April 23, 2025 @ 5:56 am By Tony Zerucha  |  

Socket, a software supply chain security provider, has acquired Coana, a static analysis and reachability engine built by security researchers from Aarhus University. Coana brings static control-flow and call graph analysis to Socket’s platform, allowing teams to prioritize vulnerabilities based on whether they’re actually exploitable… Read More

April 23, 2025 @ 5:52 am By Omar Faridi  |  

In its first-quarter earnings report released on April 22, 2025, Tesla (NASDAQ:TSLA) confirmed that it held steady with its Bitcoin reserves, maintaining a total of 11,509 Bitcoin throughout the period. The electric vehicle giant did not sell any of its cryptocurrency holdings, however, Tesla‘s holding… Read More

April 23, 2025 @ 1:13 am By Omar Faridi  |  

Nomura and Macquarie announced that they have entered into an agreement for Nomura to acquire Macquarie’s U.S. and European public asset management business, with approximately “$180 billion in retail and institutional client assets across equities, fixed income and multi-asset strategies.” Under the terms of the… Read More

April 22, 2025 @ 10:58 pm By Omar Faridi  |  

In a key move for the crypto derivatives market, the Singapore Exchange (SGX) has announced plans to introduce Bitcoin perpetual futures in the second half of 2025. This development positions SGX as a key player in the growing integration of digital assets into traditional financial… Read More

April 22, 2025 @ 9:51 pm By Omar Faridi  |  

Moroccan Regtech company VOVE ID has reportedly acquired new investment from The Baobab Network in order to support its ongoing growth efforts across the Middle East and wider MENA region. The funding round (the actual amount not disclosed) marks a new milestone for the digital… Read More

April 22, 2025 @ 8:35 pm By Omar Faridi  |  

Tuum, the core banking provider, announced the launch of its foundational Islamic Banking and Finance solutions, marking a key milestone towards delivering comprehensive, Sharia-compliant financial services. This initiative is said to focuse on the main principles of Islamic banking, laying the groundwork for a platform… Read More

April 22, 2025 @ 4:45 pm By Omar Faridi  |  

Arca Labs, Tassat Group, Inc., and tZERO Group, Inc. announced the launch of Lynq, a real-time, yield-bearing settlement network powered by a tokenized treasury fund custodied at a special purpose broker-dealer. This announcement comes after more than a year of market engagement, platform development and the… Read More

April 22, 2025 @ 1:45 pm By Omar Faridi  |  

motusbank, the digital-only bank launched by Meridian Credit Union in Q2 2019, will shut down by early 2026. Meridian, which is reportedly Ontario’s largest credit union, and Coast Capital Savings jointly announced that they will absorb motusbank’s accounts and assets, pending regulatory approval. This closure… Read More

April 22, 2025 @ 12:51 pm By Omar Faridi  |  

MAGFAST has reportedly secured substantial funding across several different offerings carried out via Netcapital. According to a release, this is the second-largest total amount secured under Reg CF in the consumer packaged goods industry per KingsCrowd. Netcapital Inc. (Nasdaq: NCPL, NCPLW), a digital private capital… Read More

April 22, 2025 @ 12:36 pm By Tony Zerucha  |  

NewCo Capital Group, a provider of business financing, has expanded into Canada. With nationwide service now available across every Canadian province and territory, NewCo brings accessible, non-bank funding solutions to small and medium-sized enterprises. The move strengthens NewCo’s international footprint as part of its broader global… Read More

April 22, 2025 @ 12:33 pm By Omar Faridi  |  

Recent Federal Election Commission (FEC) disclosures show that major cryptocurrency companies and their executives poured significant funds into US President Donald Trump’s $239 million inauguration fund after his 2024 election win. Released on April 20 by the Trump-Vance Inaugural Committee, these filings underscore the crypto… Read More

April 22, 2025 @ 11:00 am By Omar Faridi  |  

MSCI Inc. (NYSE:MSCI) and Moody’s Corporation (NYSE:MCO) will jointly create a solution to provide independent risk assessments for private credit investments at scale. As the private credit market continues to evolve and grow, the need for consistent standards and better tools has “become essential for… Read More

April 22, 2025 @ 10:43 am By Tony Zerucha  |  

Fiserv (NYSE: FI), a global provider of payments and financial services technology, together with the Kansas Office of the Governor, today announced their plan to open a new strategic fintech hub in Overland Park, the largest suburb in the Kansas City metropolitan area. This location will… Read More

April 22, 2025 @ 9:39 am By Tony Zerucha  |  

ROH, a hospitality industry payments management platform, today announced the successful completion of a $9.2 million financing round, led by Highgate Technology Ventures, a venture and growth equity firm focused on the hospitality and travel industries, and Acrew Capital. As part of the transaction, Raja Goel and Kurien… Read More

April 22, 2025 @ 9:36 am By Omar Faridi  |  

On April 21, 2025, Paul Atkins was officially sworn in as the 34th Chairman of the U.S. Securities and Exchange Commission (SEC), marking a pivotal moment for the agency and the cryptocurrency industry. Appointed by President Donald Trump and confirmed by a 52-44 Senate vote… Read More

April 22, 2025 @ 8:53 am By Omar Faridi  |  

On April 21, 2025, stablecoin issuer Circle announced the launch of its  Circle Payments Network (CPN). Unveiled from the company’s headquarters on the 87th floor of One World Trade Center in New York City, this initiative marks a step toward transforming the global payments and… Read More

April 22, 2025 @ 7:46 am By Omar Faridi  |  

Circle and BitGo are preparing to apply for U.S. bank charters, according to a Wall Street Journal report. The report also indicates that digital assets firms Coinbase (NASDAQ:COIN) and Paxos are exploring similar paths, driven by evolving stablecoin regulations and a shifting political landscape under… Read More